Market for Analytical Instruments Used for Food Testing Projected to Grow by 6.6%
LOS ANGELES (PRWEB) September 26, 2018 -- One important task of science and technology is to help to ensure the security of the food supply. Food security is the availability and access to food, and advances in crop science have helped to increase yields so that the supply of food is adequate for the earth’s population. With the world population growing at a significant rate, food production has become a massive global issue, and that means we need to be more careful to prevent food contamination.
This report provides in depth analyses of 11 different technologies including electrochemical and basic analyzers, how demand is distributed across industries and regions, and how the market will change in the future.
Technologies covered:
• Chromatography
• Mass Spectrometry
• Molecular Spectrometry
• Atomic Spectroscopy
• Materials Characterization
• Surface Science
• Life Science Instrumentation
• Basic & Electrochemical Analyzers
• Lab Automation
• Lab Equipment
• Process Analytical Tools
The goal of this report is to provide a detailed overview of this $7.7 billion market and projected potential for key analytical instruments for food applications. This report identifies, in both quantitative and qualitative terms, the structure and composition of the worldwide analytical instrument market for food analysis. Technical, business, and economic trends are assessed with emphasis on the impact these forces have on technology demand. The market information in this report, with the exception of the end-user survey, represents estimates of the market and provides perspectives and the relative significance of specific trends within this market.
“The analytical instrument industry for food testing applications is expected to grow by 6.6% reaching $10.6 billion by 2022,” said Mike Tice, Senior Vice President, Business Intelligence at SDi.
A complimentary report overview can be downloaded here: https://strategic-directions.com/product/2018-food-applications-market-analysis/
Pure food is a very complicated mixture of many different kinds of molecules, not to mention the potential contaminants, adulterations, and toxic elements that one hopes to measure in this overly -complex matrix. Therefore, our report addresses another primary application of science and analytical technologies: food safety. The Food and Agriculture Organization, the World Health Organization, and other government agencies are making an important effort to standardize food testing practices around the world. Depending on what analysis (microbiology, allergen, chemistry, etc.) is needed, specific technologies such as spectrometers, refractometers, titrators, moisture analyzers, etc. may be utilized.
Strategic Directions International (SDi), a leading international management-consulting firm in the highly specialized field of analytical instruments, was acquired by BioInformatics Inc in 2014. The two firms combined to form the premier research and advisory firm serving the life science and analytical instrument industry. By leveraging our verified online professional network of tens of thousands of scientists in The Science Advisory Board®, we have supported more than 500 companies and provided insights that lead to better business decisions. Our expertise includes assessing the size and attractiveness of markets, optimizing product configurations and pricing, validating corporate acquisitions, measuring customers' brand loyalty, and evaluating brand strength and positioning, validating corporate acquisitions, measuring customer loyalty, and evaluating brand strength and positioning. SDi and BioInformatics Inc are members of Science and Medicine Group, supporting life science, radiology, dentistry, analytical instrument, and clinical diagnostic companies.
Mike Tice, Strategic Directions International, https://strategic-directions.com/, +1 310.641.4982, [email protected]
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